EU Commission suggests renewable energy PPAs can combat skyrocketing energy prices
The situation in the energy markets is tense. Following national pushes for action, the European Commission has now announced its set of recommendations to combat rocketing energy prices.
CO2 pricing may prevent cannibalization effect of wind and solar
According to a new study from a German-Swedish research group, conventional incentives such as renewable portfolio standards, feed-in tariffs or feed-in premium payments may likely lead to a price cannibalisation scenario for wind and solar. CO2 pricing, instead, is considered an efficient tool to maintain their market value high enough to ensure new investments. However, a total system cost approach, rather than an LCOE perspective, is needed to understand the strong dependence of market value on policy choice.
Lowering emissions without breaking the bank in India
A combination of carbon pricing and a renewable portfolio standard for electricity companies in India will be more effective than either measure in isolation to help the nation meet its climate change targets, according to a study by MIT researchers.
